secwatch.observer — SEC 8-K summary
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Issuer:     RALPH LAUREN CORP (RL)
CIK:        0001037038
Form:       8-K
Filed at:   2022-09-19T23:59:59+00:00
Accession:  0000950142-22-002737
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ralph Lauren unveils 'Next Great Chapter: Accelerate' plan; targets mid-to high-single-digit revenue CAGR through FY2025
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- Revenue CAGR target of mid- to high-single digits in constant currency through FY2025; operating margin to reach at least 15%.
- Plans to return ~$2B cumulative excess free cash flow to shareholders through FY2025 via dividends and share repurchases.
- Quarterly dividend increased 9% to $0.75 per share; current share repurchase authorization of up to $1.4B.
- Capex to be ~4-5% of revenue annually through FY2025; operating profit growth to exceed revenue growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037038/000095014222002737/0000950142-22-002737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037038/000095014222002737/eh220287601_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-002737

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